Last updated: November 22 2016
Income earned by the estate during a tax year must be reported as a T3 return. Now, professionals can learn how to do so with confidence and competence, with Knowledge Bureau’s newest certificate course, T3 Basic Tax Preparation.
This course will help students to learn who should file T3 return as well as when and where to file it. The course also introduces the types of trusts that may be created in Canada and how each of them is taxed.
Students will also learn how to prepare T3 returns as part of the case study exercises in the course. In the process, the students will learn how to optimize taxes payable on income earned by at trust by choosing to pay the taxes through the trust or allocating income to beneficiaries and having them pay the taxes on those allocations.
The Knowledge Bureau Trust Tax Estimator tool, provided with this course, will help you to minimize taxes on trust income. This tool will allow you to determine whether the trust or beneficiary will pay more taxes on allocated income so that tax can be paid by the trust before allocation if the beneficiary would have to pay more tax than the trust.
Upon completion of this course, students will be familiar with the taxation of various trusts and be able to prepare T3 trust returns and prepare T3 slips for beneficiaries.
Enrol risk free taking T3 Basic Tax Preparation free trial.
New Knowledge Bureau’s T3 Basic Tax Preparation course is part of DFA – Tax Services Specialist™ designation. To find out more about T3 Basic Tax Preparation course click here of call 1.866.953.4769.
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